12 Companies With SEBI Approval For IPO

IPO frenzy has dimmed a bit and experts kind of owe the weak listing so far in the month of August to low cash in the hands of investors. Also other factors leading to a weak momentum among IPO stocks is the weak market momentum as well as higher valuations. Nonetheless a slew of companies will be lining up for IPO offers again and here is the complete list of IPO offers that have been given approval by the market regulator thus far and are yet to hit the primary market.

12 Companies With SEBI Approval For IPO

So, far in the financial year that started from April in the period upto July, 12 companies have raised a total of Rs. 27000 crore and there is a said to be a pipeline of public issues worth Rs. 70000 crore.

Issuer company	Lead manager	Issue type	Prospectus filing date	SEBI approval date
Seven Islands Shipping	JM Financial	Fresh+OFS	2/14/2021	3/22/2021
Arohan Financial Services	Edelweiss Financial Services	Fresh+OFS	2/14/2021	4/23/2021
Utkarsh Small Finance Bank	ICICI Securities	Fresh+OFS	03/04/21	06/03/21
Paras Defense And Space Technologies	Anand Rathi Advisors	Fresh+OFS	03/06/21	06/11/21
Shriram Properties	Axis Capital	Fresh+OFS	04/09/21	6/15/2021
Jana Small Finance Bank	Axis Capital	Fresh+OFS	04/01/21	07/09/21
Supriya Lifescience	ICICI Securities	Fresh+OFS	5/17/2021	7/23/2021
Vijaya Diagnostic Centre	ICICI Securities	OFS	06/07/21	7/23/2021
Ami Organics	Intensive Fiscal Services	Fresh+OFS	06/05/21	7/19/2021
Fincare Small Finance Bank	ICICI Securities	Fresh+OFS	05/08/21	08/02/21
Aditya Birla Sun Life AMC	Kotak Mahindra Capital Company	OFS	4/19/2021	08/05/21
Sansera Engineering	ICICI Securities	OFS	06/09/21	08/06/21